Famous quote by John Shadegg

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Global fuel and consumption, however, is projected to increase by 100 to 150 percent over the next 20 years, driven larg
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"Global fuel and consumption, however, is projected to increase by 100 to 150 percent over the next 20 years, driven largely by the rapidly growing Chinese and Indian economies; and this growth and this increase in demand will force prices even higher"

- John Shadegg

About this Quote

This quote by John Shadegg suggests that worldwide fuel intake is expected to increase considerably over the next two decades. This boost is mainly credited to the quick economic development of China and India, two of the world's largest economies. As a result of this increased need, fuel prices are most likely to increase even further. This could have a substantial impact on the global economy, as fuel is an essential part of lots of industries. It might also cause increased ecological damage, as more fuel is burned and more emissions are released into the environment. It is for that reason essential for governments and organizations to take steps to decrease fuel consumption and reduce the impacts of increasing fuel prices.

About the Author

USA Flag This quote is written / told by John Shadegg somewhere between October 22, 1949 and today. He/she was a famous Politician from USA. The author also have 19 other quotes.

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